China Clean Energy
China Clean Energy Inc., through its subsidiaries, engages in the development, manufacture, and distribution of biodiesel and specialty chemical products made from renewable resources. The company refines biodiesel from waste vegetable oils and waste grease. It also manufactures and sells various industrial chemical products, including polyamide hot-melt adhesives, printing inks, and alcohol and … Read more
China Clean Energy (CCGY) - Total Assets
Latest total assets as of September 2011: $60.27 Million USD
Based on the latest financial reports, China Clean Energy (CCGY) holds total assets worth $60.27 Million USD as of September 2011.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
China Clean Energy - Total Assets Trend (2004–2011)
This chart illustrates how China Clean Energy’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Clean Energy - Asset Composition Analysis
Current Asset Composition (December 2011)
China Clean Energy's total assets of $60.27 Million consist of 29.7% current assets and 70.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.5% |
| Accounts Receivable | $5.50 Million | 9.3% |
| Inventory | $2.32 Million | 3.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.15 Million | 10.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2011)
This chart illustrates how China Clean Energy's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Clean Energy's current assets represent 29.7% of total assets in 2011, a decrease from 100.0% in 2004.
- Cash Position: Cash and equivalents constituted 16.5% of total assets in 2011, down from 100.0% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is intangible assets at 10.3% of total assets.
China Clean Energy Competitors by Total Assets
Key competitors of China Clean Energy based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
China Clean Energy - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - China Clean Energy generates 1.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, China Clean Energy generates $ 14.49 in net profit.
China Clean Energy - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.89 | 3.46 | 0.12 |
| Quick Ratio | 2.67 | 2.61 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $19.86 Million | $ 13.30 Million | $ -4.87K |
China Clean Energy - Advanced Valuation Insights
This section examines the relationship between China Clean Energy's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.03 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 14.2% |
| Total Assets | $59.50 Million |
| Market Capitalization | $0.92 USD |
Valuation Analysis
Below Book Valuation: The market values China Clean Energy's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: China Clean Energy's assets grew by 14.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for China Clean Energy (2004–2011)
The table below shows the annual total assets of China Clean Energy from 2004 to 2011.
| Year | Total Assets | Change |
|---|---|---|
| 2011-12-31 | $59.50 Million | +14.23% |
| 2010-12-31 | $52.09 Million | +42.17% |
| 2009-12-31 | $36.64 Million | +10.94% |
| 2008-12-31 | $33.02 Million | +93.76% |
| 2007-12-31 | $17.04 Million | +37.15% |
| 2006-12-31 | $12.43 Million | +69899.92% |
| 2005-12-31 | $17.75K | -22.98% |
| 2004-12-31 | $23.05K | -- |